The purpose of grants and financial assistance offered by Local Enterprise Office is to help job creation and exports in micro businesses (1-10 employees) start ups and growing businesses in Dublin city. With the growing success of establishing a true enterprise culture in the Capital and with many more entrepreneurs accessing the services of the LEO, there is increasing demand on our financial resources. For this reason, there is a growing emphasis on providing repayable loans instead of grants. This policy enables the LEO to recycle its financial resources and make them available at a later date for other new and deserving enterprises.
- a current Business Tax Clearance Certificate is required for every type of funding.
- no retrospective payments are allowed ie you must get approval for the funding, spend the money/ hire the employee, then make a claim for the approved grant amount. This means you will need to source other funding to pay for your business requirements to drawdown on the grant funding.